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Updated Guideline Link from Freddie Mac

Discussion in 'Fannie Mae, Freddie Mac, USPAP' started by Otis Key, May 29, 2007.

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  1. Otis Key

    Otis Key Elite Member

    0
    May 15, 2004
    Professional Status:
    Certified Residential Appraiser
    State:
    New Mexico
    http://www.allregs.com/fhlmc/

    I was honored with being contacted to test a link and view the Freddie Mac Guidelines this evening. The above link should help all of you with the updated and complete set of guidelines. Chapter 44 is for appraisals.

    Read it - especially you "newbies". I'm sure many of your questions will be answered before you post them here.
     
  2. Lynne

    Lynne Junior Member

    0
    Jul 25, 2006
    Professional Status:
    Certified Residential Appraiser
    State:
    Florida

    Thank You Otis. I love a good link.
     
  3. OSU Beavers

    OSU Beavers Elite Member

    6
    Jan 10, 2007
    Professional Status:
    Licensed Appraiser
    State:
    Oregon
    Looks like the same hard to navigate format that Fannie Mae uses. I'd pay real money for a continuing ed course on Fannie/Freddie guidelines with copies of the regs handed out. Darn Fannie/Freddie wants you to buy the whole guide just to get the appraisal part.
     
  4. Otis Key

    Otis Key Elite Member

    0
    May 15, 2004
    Professional Status:
    Certified Residential Appraiser
    State:
    New Mexico
    1.) At least Freddie came out with some written directives.............wonder where Fannie's is at today!
    2.) Why not just print that section to a pdf for yourself? (Hope she's not reading after me).:leeann2: :leeann2:
     
  5. OSU Beavers

    OSU Beavers Elite Member

    6
    Jan 10, 2007
    Professional Status:
    Licensed Appraiser
    State:
    Oregon


    Can I get all of chapter 44 in one pdf or do I have to waste a half an hour individually downloading each of the 22 sectons?

    44.1: Overview (10/06/06)

    44.2: General property eligibility requirements (02/17/06)

    44.3: General requirements for appraisal and inspection reports (10/06/06)

    44.4: Appraisers (10/06/06)

    44.5: Information supplied to the appraiser (10/06/06)

    44.6: Unacceptable appraisal or inspection report practices (10/06/06)

    44.7: Overview of appraisal and inspection reports and the Property Inspection Alternative (PIA) (04/25/07)

    44.8: Loan Prospector® Minimum Assessment Feedback (01/01/06)

    44.9: Appraisal and inspection report forms and the Property Inspection Alternative (PIA) (02/17/06)

    44.10: Borrower disclosure for inspection reports and the Property Inspection Alternative (PIA) (02/17/06)

    44.11: Seller representations and warranties regarding the Mortgaged Premises (02/17/06)

    44.12: Standard exhibits (08/21/06)

    44.13: Addenda required (10/06/06)

    44.14: Completion report (10/06/06)

    44.15: Property description and analysis (04/25/07)

    44.16: Property valuation on the appraisal report (01/01/06)

    44.17: Energy-efficient properties (01/01/06)

    44.18: PUD units (01/01/06)

    44.18.1: Leasehold estates in ground lease communities (01/01/06)

    44.19: Condominium Units (01/01/06)

    44.20: 2- to 4- unit properties (01/01/06)

    44.21: Faxing and other electronic transmission of appraisal and inspection reports (08/21/06)

    44.22: Appraisal review reports (01/01/06)
     
  6. Mike Kennedy

    Mike Kennedy Elite Member

    38
    Sep 28, 2003
    Professional Status:
    Certified Residential Appraiser
    State:
    New York
    OSU - picky picky picky :rof:

    OTIS........thanks ! :beer:
     
  7. OSU Beavers

    OSU Beavers Elite Member

    6
    Jan 10, 2007
    Professional Status:
    Licensed Appraiser
    State:
    Oregon
    Yea, I'm having a bad day.
     
  8. Otis Key

    Otis Key Elite Member

    0
    May 15, 2004
    Professional Status:
    Certified Residential Appraiser
    State:
    New Mexico
    Sorry to upset you over a suggestion that might have been helpful - I put both fannie and freddie on ONE cd and still have room for Websters, national geographic and maybe an "adult" entertainment. (Maybe but I doubt it :rof: :rof: )
     
  9. Lycabull

    Lycabull Junior Member

    0
    May 31, 2003
    Professional Status:
    Certified Residential Appraiser
    State:
    Kansas
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